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2024-06-05 21:26:22

Andrew Lokenauth on Nostr: Canada became the first G7 nation to start cutting interest rates today, and signaled ...

Canada became the first G7 nation to start cutting interest rates today, and signaled that more rate cuts will follow.

What’s Next?

This signals a major shift from the aggressive rate hikes we've seen in recent years.

Some economists predict another cut in July, with three to four rate cuts expected this year.

Other central banks, such as the Federal Reserve and European Central Bank, could follow suit with their own rate cuts later this year.

Will the U.S. cut interest rates next?
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